6. No right to compensation for termination of office.

Notwithstanding anything contained in any law for the time being in force, no person who ceases to hold any office by reason of the provisions contained in clause (a) of sub section (1) of section 4 shall be entitled to any compensation for the loss of office: Provided that nothing contained in this section shall affect the right of any such person to recover from the societies moneys recoverable otherwise than by way of such compensation.